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Financial Definitions, Terms &
Glossary
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Browse Financial Terms by Letter
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F.O.B. (Free On Board) Definition
| F.O.B. (Free On Board) - |
The price for goods includes delivery at the sellers expense to a specified point and no further. This implies that distribution services like transport and handling performed on goods up to the customs frontier of the economy from which the goods are classed as merchandise are included in the price.
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